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China HKBridge (2323) lends HK$900m to Ascend Trade Ltd
Company announcement, 12-Dec-2017
The borrower is owned and guaranteed by Mr You Wenpeng, about whom we know nothing. The loan is secured on shares of Bank of Jinzhou (0416.HK), which listed on 7-Dec-2015. The cornerstone investor in that IPO was Ningxia Tianyuan Manganese Industry Co Ltd, which is 99.62% owned by Mr Jia Tianjiang, who controls 16.39% of China HKBridge.
Organisations
- Ascend Trade Limited 艾昇貿易有限公司
- BANK OF JINZHOU CO., LTD. 錦州銀行股份有限公司
- HONG KONG TIAN YUAN MANGANESE INTERNATIONAL TRADE CO., LIMITED 香港天元錳業國際貿易有限公司
- Ningxia Tianyuan Manganese Industry Co., Ltd. 寧夏天元錳業有限公司
- Renco Holdings Group Limited (BM) 融科控股集團有限公司
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